Ford announces massive vehicle recall

<p>Some 1.4 million Ford cars are being recalled.</p>

Car manufacturer Ford has announced it is recalling more than a million of its vehicles.

Ford stated that 1.1 million sport utility vehicles (SUVs) are being recalled over an issue with the power steering, while an additional 200,000 Taurus sedans may be prone to corrosion.

Furthermore, 82,576 Ford Fusion, Mercury Milan, Lincoln Zephyr and MKZ sedans are being recalled by Ford due to a problem with their floor mats.

The SUVs involved in the recall are mainly Ford Explorers that were sold in the US between 2011 and 2013.

Ford is far from the only major car firm to have announced a recall in recent months, as its rival General Motors saw its first quarter profits hit by a $1.3 billion (£774 million) charge for its various recalls.

The share price of Ford rose by 1.41 per cent on the New York Stock Exchange yesterday (May 29th), before falling back by 0.48 per cent in after-hours trading.

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